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Jan 24, 2013
01/13
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starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to the g.o.p. >> i think the latter and i think the more constitutionalists among them assuming that they are there that the amendment mattered more to them. but emotionally they probably wanted to make boehner pass this bill with his republicans. you know, in a way don't blame them for that. it's a harmless game. there are harmful games and harmless games. that was a relatively harmless one. obama also supported the passage of this, john, i think that if it had been in danger i think enough democrats would have switched over and voted yes. i think they were just trying to make a point. >> john: that makes me feel better. but let me ask you something the number one criticism from my republican friends has been so budget has been passed. why can't you democrats pass a budget how shameful. how should democrats respond to this? >> well, it is true that they haven't passed a budget. you can say that mat
starting with the debt ceiling. 111 democrats voted against raising the debt ceiling. was this all about the no budget no pay provision are the democrats trying to stick it to the g.o.p. >> i think the latter and i think the more constitutionalists among them assuming that they are there that the amendment mattered more to them. but emotionally they probably wanted to make boehner pass this bill with his republicans. you know, in a way don't blame them for that. it's a harmless game....
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Jan 29, 2013
01/13
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plus, the debt ceiling simply says we're not going to pay our bills. it just is illogical to say that's to pay for that. that's like going out and incurring costs which all of us did, republicans and democrats together, and then saying oh, and by the way, i'm not going to pay my bill unless you do me this enormous favor. but the other point i would make is this. he talks about, we need tax reform. the biggest single abuse in the tax code today, and it's a tough contest, is the one that says the richest people in america who run hedge funds can treat their earned income as if it were a capital gain. they call it carried interest. >> yeah. >> it means the rest of us are carrying them. and we voted to reduce that. and paul ryan boxed it. he is against that. and if you remember from that interview, he did not give a single specific about a tax break he wants to end, and he talked about cutting entitlements. >> he is up front saying no more revenue. i mean, that's their position on that. now, they've backed off the debt limit. now they're backing off a gove
plus, the debt ceiling simply says we're not going to pay our bills. it just is illogical to say that's to pay for that. that's like going out and incurring costs which all of us did, republicans and democrats together, and then saying oh, and by the way, i'm not going to pay my bill unless you do me this enormous favor. but the other point i would make is this. he talks about, we need tax reform. the biggest single abuse in the tax code today, and it's a tough contest, is the one that says the...
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Jan 24, 2013
01/13
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they said they were going to fight president obama on the debt ceiling. they voted 285-144 to say they will not fight. now there are other provisions in there that we will talk about as well, but that's the main heart of it. they moved that to may 18th. don't think they're not going to fight over the budget. they are. there are two others opportunities for it. the sequester comes in march 1st. they'll make a huge sting out that have and then the budget is on april 15th. there will be two more fights before we get back from the debt ceiling. why did they do this? i'll bring in a couple of guests to sort that out. first of all grace she wrote a very good piece about that today. and our own political correspondent michael shure and he joins us here. grace, i have a theory, and i'm going to read a quote from chris chocola. he said, the club for growth will not oppose tomorrow's vote on the debt ceiling. the club for growth will, on the other hand, strongly oppose any efforts during the upcoming debate over the continuing resolution and sequester that fail to
they said they were going to fight president obama on the debt ceiling. they voted 285-144 to say they will not fight. now there are other provisions in there that we will talk about as well, but that's the main heart of it. they moved that to may 18th. don't think they're not going to fight over the budget. they are. there are two others opportunities for it. the sequester comes in march 1st. they'll make a huge sting out that have and then the budget is on april 15th. there will be two more...
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Feb 1, 2013
02/13
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ceiling. nobody has come to the table to try to fix things. i say the senate hasn't actually passed a budget. the president and democrats haven't passed a budget in four years. there is a fundamental inability for congress to do their job. you are supposed to pass a budget by april 15. you are supposed to reconcile all those bills by october. that hasn't happened in four years. instead we've had this crisis atmosphere where things are passed in the middle of the night and nothing gets done. >> we only look at law makers records as they pertain to gun related issues. the numbers in the house and numbers of the senate haven't changed so much from the previous congress but there are faces that haven't been faced with the prurs to vote on a gun related bill. i think from a group like us, we can't sit back and assume the congress is going to act the same or act differently. we have to prepare to represent our members in congress to make sure the message for support of the second amendment is carrie
ceiling. nobody has come to the table to try to fix things. i say the senate hasn't actually passed a budget. the president and democrats haven't passed a budget in four years. there is a fundamental inability for congress to do their job. you are supposed to pass a budget by april 15. you are supposed to reconcile all those bills by october. that hasn't happened in four years. instead we've had this crisis atmosphere where things are passed in the middle of the night and nothing gets done....
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Feb 2, 2013
02/13
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ceiling. nobody has come to the table to try to fix things. i say the senate hasn't actually passed a budget. the president and democrats haven't passed a budget in four years. there is a fundamental inability for congress to do their job. you are supposed to pass a budget by april 15. you are supposed to reconcile all those bills by october. that hasn't happened in four years. instead we've had this crisis atmosphere where things are passed in the middle of the night and nothing gets done. >> we only look at law makers records as they pertain to gun related issues. the numbers in the house and numbers of the senate haven't changed so much from the previous congress but there are faces that haven't been faced with the pressures to vote on a gun related bill. i think from a group like us, we can't sit back and assume the congress is going to act the same or act differently. we have to prepare to represent our members in congress to make sure the message for support of the second amendment is ca
ceiling. nobody has come to the table to try to fix things. i say the senate hasn't actually passed a budget. the president and democrats haven't passed a budget in four years. there is a fundamental inability for congress to do their job. you are supposed to pass a budget by april 15. you are supposed to reconcile all those bills by october. that hasn't happened in four years. instead we've had this crisis atmosphere where things are passed in the middle of the night and nothing gets done....
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Jan 30, 2013
01/13
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. >> it's been 1371 days since democrats lies with the budget to the united states senate and thanks to pressure brought by house republicans in passing or no budget, no pay provision as part of the debt ceiling will now over the senate, it looks like according to senator murray, will now pick up a budget. this is important because while republicans believe spending is the problem, not the lack of taxation, it's going to be a revealing exercise to see how the budget market is in the committee and of course on the floor it will be insured challenge for those who believe our revenue is the is suppose to reining in the d.c. how senate democrats produce 51 votes by deeper 15 deadline. the senate republicans just released a video that highlights the presidents past statements when it comes to tackling debt and the factual record when it comes to tackling debt. when it comes to reducing the debt as we would say in the west, the president has been all hat and no cowboy. he's been all talk and no action. what we've seen over the past for your sisterly dollars deficit every single year, the d
. >> it's been 1371 days since democrats lies with the budget to the united states senate and thanks to pressure brought by house republicans in passing or no budget, no pay provision as part of the debt ceiling will now over the senate, it looks like according to senator murray, will now pick up a budget. this is important because while republicans believe spending is the problem, not the lack of taxation, it's going to be a revealing exercise to see how the budget market is in the...
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Feb 1, 2013
02/13
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. >> obviously democrats would prefer a longer suspension of he debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the u.s. could default its obligations every few months is not an ideal way to run government b a shorterm solution is better than another imminent manufactured crisis. >> holman: the house already passed the bill. without it, the government would default on its obligations as early as mid-february. in economic news, americans' personal income grew in december, by the most in eight years.but first-time claims for jobless benefits were up last week. and on wall street today, the dow jones industrial average lost nearly 50 points to close at 13,860. the nasdaq fell a fraction of a point to close at 3,142. blinding snowfall and a slick freeway triggered a mile-long series of crashes in detroit today. at least three people were killed and 20 more injured. the pileups left a section of interstate 75 littered with wrecked cars and big-rig trucks. the tangle involved some 30 vehi
. >> obviously democrats would prefer a longer suspension of he debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the u.s. could default its obligations every few months is not an ideal way to run government b a shorterm solution is better than another imminent manufactured crisis. >> holman: the house already passed the bill. without it, the government would default on its...
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Jan 31, 2013
01/13
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. >> obviously democrats would prefer a longer suspension of he debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the u.s. could default its obligations every few months is not an ideal way to run government but a short term solution is better than another imminent manufactured crisis. >> holman: the house already passed the bill. without it, the government would default on its obligations as early as mid-february. in economic news, americans' personal income grew in december, by the most in eight years. but first-time claims for jobless benefits were up last week. and on wall street today, the dow jones industrial average lost nearly 50 points to close at 13,860. the nasdaq fell a fraction of a point to close at 3,142. blinding snowfall and a slick freeway triggered a mile-long series of crashes in detroit today. at least three people were killed and 20 more injured. the pileups left a section of interstate 75 littered with wrecked cars and big-rig trucks. the tangle involved some 30
. >> obviously democrats would prefer a longer suspension of he debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the u.s. could default its obligations every few months is not an ideal way to run government but a short term solution is better than another imminent manufactured crisis. >> holman: the house already passed the bill. without it, the government would default on...
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123
Jan 29, 2013
01/13
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ceiling bill that's now come over to the senate, it looks like the senate according to senator murray will now take up a budget. this is important because while republicans believe that spending is the problem not a lack of taxation, it's going to be a revealing exercise to see how this budget markup goes in committee and then, of course, on the floor. and it will be, i'm sure, a challenge for those who believe that more revenue is a solution as opposed to reining in spending to see how senate democrats produce 51 votes to pass a budget by the april 15th deadline. >> senate republicans just released a video that highlights the president's past statements when it comes to tackling the debt and his actual record when it comes to tackling the debt. and when out comes to reducing the debt as we would say out in the west, the president has been all hat and no cowboy. in other words, he's been all talk and no action. what we've seen over the past four years as trillion dollar deficits every single year, the debt has ballooned by 50%, and so the president's record and his rhetoric just don't
ceiling bill that's now come over to the senate, it looks like the senate according to senator murray will now take up a budget. this is important because while republicans believe that spending is the problem not a lack of taxation, it's going to be a revealing exercise to see how this budget markup goes in committee and then, of course, on the floor. and it will be, i'm sure, a challenge for those who believe that more revenue is a solution as opposed to reining in spending to see how senate...
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Jan 31, 2013
01/13
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threaten something on the debt ceiling, which for them would be worse. >> one of the things that hasn't changed since the republicans saying these job numbers are terrible. we're going to keep cutting medical they get even worse. >> so in terms of the big battle and any kind of possible grand bargain, you think that's over continuing resolution and budget numbers? >> yeah. well, i mean, the first thing that comes up time-wise, is on march 1st we have to deal with the sequester because the republicans reordered the way that these things are going to fall on the calendar. the sequester is those automatic spending cuts. billions -- tens of billions of dollars just this year in spending cuts. the republicans would like to have some kind of spending cut win this year, and that might be their only opportunity to get one, so you can see them hunkering in and saying, you know, we're going take the hit on defense spending cuts, but we're going to get spending cuts here by hook or by crook, and for democrats they might say, you know, we would rather lose this fight than have to do this all over a
threaten something on the debt ceiling, which for them would be worse. >> one of the things that hasn't changed since the republicans saying these job numbers are terrible. we're going to keep cutting medical they get even worse. >> so in terms of the big battle and any kind of possible grand bargain, you think that's over continuing resolution and budget numbers? >> yeah. well, i mean, the first thing that comes up time-wise, is on march 1st we have to deal with the sequester...
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Jan 31, 2013
01/13
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obviously, democrats would prefer a longer suspension of the debt ceiling which will provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the united states could default on its obligations every few months is not an ideal way to run government, but a short-term solution is better than another imminent manufactured crisis. every republican admit that default would rock our financial system to its core. however, injecting uncertainty in the system every few months also has a chilling effect on the economy. this insecurity doesn't just affect big investment banks or wealthy investors. it costs jobs. all around the country, ordinary americans with 401-k's and college savings accounts are affected. i'm glad republicans set aside their plan to gamble with default. it was bad politics and even worse policy. middle-class americans remember the last time republicans put us through a protracted fight over the debt ceiling in an effort to force deep cuts to social security, medicare and other programs important to the
obviously, democrats would prefer a longer suspension of the debt ceiling which will provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the united states could default on its obligations every few months is not an ideal way to run government, but a short-term solution is better than another imminent manufactured crisis. every republican admit that default would rock our financial system to its core. however,...
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Jan 25, 2013
01/13
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. >> so when the president and many democrats call for a so-called clean increase in the debt ceiling which they mean as no other reforms or other proposals attached to that or changes in spending behavior, um, how do you see the path forward, um, and what should advocates of lower spending expect from the administration? be or ore budget reforms -- or other budget reforms that might be attached? i'd like you to comment on it and dr. foster. >> as i say, i don't think the debt limit bill per se controls spending. it controls -- it's a limit. but i do think that there are other tools, and they're not, they're not pretty. but you do have a sequester. i would certainly argue -- and this is just myself speaking, not bpc -- that you would look at the sequester as something that really does reduce spending. and i would also argue that one thing to do there would be to modify the she keyser so -- sequester so that it does affect more than the discretioning their portion of the budget and maybe with some trepidation also tax expenditures. >> all right. dr. foster? >> yes, sir. as i mentioned,
. >> so when the president and many democrats call for a so-called clean increase in the debt ceiling which they mean as no other reforms or other proposals attached to that or changes in spending behavior, um, how do you see the path forward, um, and what should advocates of lower spending expect from the administration? be or ore budget reforms -- or other budget reforms that might be attached? i'd like you to comment on it and dr. foster. >> as i say, i don't think the debt limit...
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Jan 24, 2013
01/13
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>> president obama has consistently said he'd refuse to negotiate around the debt ceiling. his strategy is vindicated now that the republicans have backed off their threats to take the nation into a default. the president stared down the republicans. they blinked. >> ifill: congress still faces other fiscal fights. automatic spending cuts are due to kick in on march first, and funding for the government runs out march 27. so, can the republican party use fiscal issues to regain its footing? for more on the political fights ahead we turn to susan page, washington bureau chief for "u.s.a. today." and stuart rothenberg of the "rothenberg political report" and "roll call." chuck schumer just said the republicans brinked. did they blink, susan, and does it matter if they did? >> i think a big recalbraigz on their part. they find themselves on the defensive when it comes to the debt ceiling issue. remember how they vowed they would only raise the debt ceiling by a dollar for every dollar cut in spending. now they said never mind. we'll push that down the road. the big fight will
>> president obama has consistently said he'd refuse to negotiate around the debt ceiling. his strategy is vindicated now that the republicans have backed off their threats to take the nation into a default. the president stared down the republicans. they blinked. >> ifill: congress still faces other fiscal fights. automatic spending cuts are due to kick in on march first, and funding for the government runs out march 27. so, can the republican party use fiscal issues to regain its...
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Jan 30, 2013
01/13
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ceiling. that extra time will give us a chance to break the democrats' other bad habit of leaving everything, literally everything until the last minute. but we can only do it if we get to work now and return to what we call around here the regular order. remember, regular order is how the senate is supposed to function. committees are supposed to be allowed to evaluate legislation. amendments are supposed to be considered, and the public is supposed to have a chance to scrutinize the proposals that are actually before us. look, i know that solving the debt challenge is not going to be easy. putting our country on a sustainable fiscal and economic path is going to require both parties committing to serious spending reforms. but this is a challenge we must overcome. by doing the hard work today, we can avoid a european-style catastrophe tomorrow. by reforming the functions of government that no longer make sense in 2013, we can do more than just control spending. we can encourage private sector
ceiling. that extra time will give us a chance to break the democrats' other bad habit of leaving everything, literally everything until the last minute. but we can only do it if we get to work now and return to what we call around here the regular order. remember, regular order is how the senate is supposed to function. committees are supposed to be allowed to evaluate legislation. amendments are supposed to be considered, and the public is supposed to have a chance to scrutinize the proposals...
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Jan 26, 2013
01/13
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ceiling moved back and to able to deal with sequester. he will have a tough decision in a few months. there's pressure on him in arkansas to run for senate in 2014 against pryor, a vulnerable democrats. to run for the senate right after you got into the house, it's a little fast. he may be able to accomplish more. he is a rising star in the party. there have been others as well. there are people thinking of running and some ran and lost the first time. that part about the republican future i'm very encouraged by, the younger candidates. we can find a lot more if we put in a little more effort. i think it's time for generational change in the republican party. it is a party that's conservative. at least at the presidential level we keep nominating the next in line guy, a 65-year-old guy who ran last time but did not quite make it and gets nominated. they are impressive individuals, but it's a kind of pattern of dole and mccain and it's tough to compete with barack obama. that has been true somewhat at the state level until recently. they n
ceiling moved back and to able to deal with sequester. he will have a tough decision in a few months. there's pressure on him in arkansas to run for senate in 2014 against pryor, a vulnerable democrats. to run for the senate right after you got into the house, it's a little fast. he may be able to accomplish more. he is a rising star in the party. there have been others as well. there are people thinking of running and some ran and lost the first time. that part about the republican future i'm...